Paik Kwang Industrial Co., Ltd. produces and sells chemical products in South Korea and internationally. It offers caustic soda, hydrochloric acid, liquid chlorine, sodium hypochlorite, nitrous oxide, nitrogen trifluoride, ultra-high purity chlorine and hydrogen, sorbitol, and maltitol and polyglycitol syrup. The company also operates high pressure gas container re-inspection and inner surface treatment facilities, as well as golf course, ice rink, fitness, and sauna and yoga facilities. Its products are used in chemical, purified wastewater treatment, papermaking, food processing, textile, petrochemical, and advanced materials industries. The company was formerly known as PAIK KWANG Chemical Co., Ltd. and changed its name to Paik Kwang Industrial Co., Ltd. in 1990. The company was founded in 1954 and is headquartered in Gunsan, South Korea.
Paik Kwang Industrial Dividend Announcement
• Paik Kwang Industrial announced a annually dividend of ₩60.00 per ordinary share which will be made payable on 2025-04-23. Ex dividend date: 2024-12-27
• Paik Kwang Industrial annual dividend for 2024 was ₩60.00
• Paik Kwang Industrial annual dividend for 2023 was ₩60.00
• Paik Kwang Industrial's trailing twelve-month (TTM) dividend yield is 0.83%
• Paik Kwang Industrial's payout ratio for the trailing twelve months (TTM) is 258.63%
• Paik Kwang Industrial's dividend growth over the last five years (2018-2023) was 3.71% year
Paik Kwang Industrial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-27 | ₩60.00 | annually | 2025-04-23 |
2023-12-27 | ₩60.00 | annually | 2024-04-23 |
2022-12-28 | ₩60.00 | annually | 2023-04-18 |
2021-12-29 | ₩50.00 | annually | 2022-04-19 |
2020-12-29 | ₩50.00 | annually | 2021-04-15 |
2019-12-27 | ₩75.00 | annually | 2020-04-21 |
2018-12-27 | ₩50.00 | annually | 2019-04-19 |
2017-12-27 | ₩25.00 | annually | 2018-04-19 |
2012-12-27 | ₩13.47 | annually | |
2011-12-28 | ₩224.52 | annually | |
2010-12-29 | ₩314.33 | annually | |
2009-12-29 | ₩235.75 | annually |
Paik Kwang Industrial Dividend per year
Paik Kwang Industrial Dividend growth
Paik Kwang Industrial Dividend Yield
Paik Kwang Industrial current trailing twelve-month (TTM) dividend yield is 0.83%. Interested in purchasing Paik Kwang Industrial stock? Use our calculator to estimate your expected dividend yield:
Paik Kwang Industrial Financial Ratios
Paik Kwang Industrial Dividend FAQ
Other factors to consider when evaluating Paik Kwang Industrial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Paik Kwang Industrial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Paik Kwang Industrial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Paik Kwang Industrial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Paik Kwang Industrial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Paik Kwang Industrial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Paik Kwang Industrial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Paik Kwang Industrial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Paik Kwang Industrial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Paik Kwang Industrial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.